Sports Betting Stars Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10733614 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2019 TO 30 SEPTEMBER 2020

FOR

SPORTS BETTING STARS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs V Beckman

Mr S Beckman

REGISTERED OFFICE:

Third Floor

College House

Howard Street

Barrow in Furness

Cumbria

LA14 1NB

REGISTERED NUMBER:

10733614 (England and Wales)

BANKERS:

National Westminster Bank plc

113 Dalton Road

Barrow in Furness

Cumbria

LA14 1WY

CURRENT ASSETS

Debtors

8,361

-

Cash at bank

7,628

13,940

15,989

13,940

CREDITORS

Amounts falling due within one year

2,292

2,194

NET CURRENT ASSETS

13,697

11,746

TOTAL ASSETS LESS CURRENT LIABILITIES

13,697

11,746

CREDITORS

Amounts falling due after more than one year

13,634

9,650

NET ASSETS

63

2,096

CAPITAL AND RESERVES

Called up share capital

4

1

1

Retained earnings

62

2,095

SHAREHOLDERS' FUNDS

63

2,096

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30 September 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2020 and were signed on its behalf by:

Mr S Beckman - Director

1.	STATUTORY INFORMATION

Sports Betting Stars Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding VAT.

Government grants

Grants received are credited to profit and loss account in the financial period in which they are received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2019 - 1 ) .

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.20

30.4.19

value:

£

£

1

Ordinary

£1

1

1

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 September 2020 and the year ended 30 April 2019:

30.9.20

30.4.19

£

£

Mrs V Beckman

Balance outstanding at start of period

-

13,707

Amounts advanced

8,361

-

Amounts repaid

-

(13,707

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

8,361

-

The loan is interest free, unsecured and repayable on demand.

6.	RELATED PARTY DISCLOSURES

Mr S Beckman a director of the company holds 100% of the issued share capital of Tipsters Review Limited which the company owes £13,634 at 30th September 2020 (2019:£9,650).

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs V Beckman.